Buy vs. Rent Calculator

Deciding to buy vs. rent a home in New York City is a personal and important one. The American Dream includes homeownership; however, it is not the right choice for everyone. Our buy vs. rent calculator helps you determine the monthly costs of both and your future best choice. Please note when owning a home for 5-7 years, capital appreciation usually kicks in and makes buying an apartment almost always less expensive than renting.

RENT

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months
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%

BUY

$
$
%
%
$/month
$/month
/year

Your mortgage payments over years will add up to .

Your rent payments over years will add up to .

Based on your inputs,

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